Ness Robert 4

What Happened

• Robert Ness, Senior Vice President — Precast Concrete Products at Foster L. B. Co. (FSTR), had a total of 1,312 shares withheld to cover tax liabilities tied to vested restricted stock. The withholding occurred in two dispositions: 552 shares on 2026-02-13 at $31.63/share ($17,460) and 760 shares on 2026-02-14 at $31.63/share ($24,039). These are tax-withholding share dispositions (transaction code F), not open-market sales.

Key Details

• Transaction dates & prices: 2026-02-13 — 552 shares @ $31.63 ($17,460); 2026-02-14 — 760 shares @ $31.63 ($24,039).
• Total shares withheld: 1,312; total value ≈ $41,499.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes of note:
  • F1/F4: Shares were withheld to pay taxes on restricted stock vesting (related to LTIP awards).
  • F2: Filing notes 7,937 Performance RSUs earned under the 2023–2025 LTIP (granted 2/14/2023) that will settle after certification for the period ending 12/31/2025.
  • F3: Filing notes 1,272 Performance RSUs earned under the 2024–2026 LTIP (granted 5/23/2024) that will settle after the 12/31/2026 performance period.
• Timeliness: The report covers transactions on 2026-02-13/14 and was filed 2026-02-18 — the filing appears to be later than the typical 2-business-day reporting window.

Context

• These transactions are routine tax-withholding (cashless withholding) related to the vesting/settlement of incentive awards, not discretionary open-market sales. Such withholdings are administrative and generally do not signal the insider’s market view.